“Hi there, can I get a bank loan if I want to buy an apartment at Saigon Royal?”
“I heard they stopped allowing loans for this project—is that true?”
“Have any banks started offering support again?”
These are some of the most common questions we at Tường Phát Land get from clients who are interested in Saigon Royal Residence—a luxury apartment complex located right next to District 1, with a beautiful view of the Saigon River. It’s fully built and already handed over to homeowners.
Here’s the good news: TPBank has officially resumed its loan policy for Saigon Royal apartments. The conditions are clear, interest rates are competitive, and the approval process is transparent. This opens up new opportunities for both buyers who want to live there and investors who want to rent out the property.
In this article, Tường Phát Land will break everything down for you—what the current loan policies look like, what interest rates you can expect, and what to keep in mind when choosing the loan package that suits you best.
1. Introducing the Saigon Royal Apartment project and its real investment potential
When it comes to location, Saigon Royal really has a lot going for it. It’s right on the riverfront, with stunning views of Bitexco Tower, Ben Nha Rong, and the old Saigon Port. Just across the river, you’ve got major economic and financial landmarks of Ho Chi Minh City like the State Bank of Vietnam, the Ho Chi Minh Stock Exchange, and even Ben Thanh Market.
That’s why many investors refer to this area as a kind of “Vietnamese Wall Street.” It’s not just a commercial and administrative hub—it also holds long-term growth potential, especially now that District 4’s infrastructure is getting a serious upgrade.
As for pricing, current selling prices range from 3.5 to 7 billion VND, depending on the size, floor, and view of the apartment. That’s actually considered “more affordable” than similar luxury projects in District 1 or Thu Thiem, even though the amenities and location are just as attractive.
This makes Saigon Royal a solid choice for both real homebuyers and investors—especially those targeting expats or office workers in District 1 and the new Thu Thiem urban area.
2. Which banks offer loans for buying an apartment at Saigon Royal?
With prices ranging from 5 to 28 billion VND per unit, apartments at Saigon Royal are clearly in the high-end segment, typically suited for buyers with stable incomes or strong financial reserves.
But in reality, many buyers don’t need to pay the full amount upfront. Instead, they choose to take out a bank loan—a smart way to own their dream home without tying up all their money at once. This allows them to stay flexible and use their cash for other important plans.
2.1. TPBank officially offers loans for purchasing Saigon Royal apartments – Confirmation from the banking system
According to the dispatch issued on April 2, 2024, TPBank has announced the list of projects eligible for loans, among which Saigon Royal Residence is categorized as a completed project with a legal sales contract (HĐMB), developed by the investor Novaland. This means that customers can be assured that the project has passed the bank’s internal legal assessment – a crucial factor in opening the loan limit.
The fact that TPBank has officially reopened credit for Saigon Royal is not only good news for home buyers but also a sign that this project has been highly valued in terms of legality, asset value, and profit potential. In the context of a recovering real estate market, the return of bank funds to high-quality projects like Saigon Royal can be seen as a “breath of fresh air” that helps revitalize the market.
2.2. Conditions and loan policies of TPBank exclusively for Saigon Royal customers
For buyers of Saigon Royal apartments, TPBank offers a quite attractive and flexible loan package. Customers can borrow up to 70% of the value of the purchase contract (HĐMB) for the apartment, and 65% if the product is an officetel or shophouse. This is a relatively high loan ratio compared to the current market average, which helps buyers easily devise a suitable financial plan.
The loan term is extended to up to 25 years, allowing customers to actively divide their monthly installment payments. The equity requirement is a minimum of 25% of the value of the HĐMB, and the main collateral is the purchased apartment (or other properties of equivalent value).
Collateral: The Saigon Royal apartment itself will serve as the mortgageIt can be replaced with other assets if they meet the appraisal criteria
Disbursement: Funds will be transferred directly to the account of the investor Novaland or the seller (in case of transfer)
Note: TPBank only supports loans for apartments at Saigon Royal that have been approved. …
Disbursement will be done by direct bank transfer either to Novaland (the developer) or to the seller, in case of a resale unit.
Important note: TPBank only supports loans for units that already have a signed sales contract (HĐMB), a handover record, and a proper valuation. Units that are still under legal review or have not been handed over are not yet eligible.
With these terms, TPBank is more than just a lender—they’re a strategic financial partner, supporting you throughout the journey of owning a prime property right in the heart of Ho Chi Minh City.
2.3. Preferential interest rate package at TPBank – Optimized for many financial needs
One of the highlights in TPBank’s loan policy for Saigon Royal is the diverse and transparent preferential interest rate system. Depending on the needs and personal financial strategy, customers can choose from 4 different preferential packages, each with a fixed interest rate in the initial period, then switch to a floating interest rate according to a public formula.
If you want to minimize financial pressure in the initial period, the 0% package for the first 3 months and 8% for the next 9 months is the ideal choice. After the preferential period, the bank applies a floating interest rate = 12-month savings interest rate + margin of 3.6%.
If you want a more stable interest rate over a long period, the 6.6% package for the first 12 months, 7.6% for the first 24 months, or 8.6% for the first 36 months are suitable options. After the preferential period, all packages return to the savings interest rate + 3.3%.
Most importantly, TPBank publicly discloses all the adjustment margins and time, helping customers proactively plan their monthly installment costs. In addition, if customers participate in loan insurance, life insurance or GIC through TPBank, they can also receive an additional 0.3% preferential interest rate reduction, helping to significantly save costs in the long term.
2.4. The advantages of borrowing from TPBank to buy Saigon Royal
Compared to other financial channels, TPBank offers not only attractive loan amounts but also several clear advantages specifically for customers purchasing Saigon Royal apartments. First, the entire legal process for the project has already been verified by the bank, so your loan application will be processed much faster, with no need for a revaluation. This significantly shortens the waiting time for loan approval to just a few days.
In addition, TPBank supports a principal repayment deferral of up to 36 months. This means that during the early stages, you will only need to pay the monthly interest and won’t need to repay the principal. This policy is especially suitable for first-time homebuyers or those planning to rent out the property – helping them make the most of initial cash flow to complete the interior or reinvest in other business activities.
TPBank’s early repayment fee is also flexible, decreasing over time, and is completely waived from the 5th year onwards. This is a major advantage for those who can repay their loan early but still want the flexibility to choose when to settle the loan without worrying about high penalty fees.
Not only is TPBank one of the few banks that has re-evaluated the Saigon Royal project, but it is also the only bank that openly announces its loan policies with transparent and stable interest rates, making it easy to track. This is very important because many banks do not disclose their interest rate formulas after the promotional period, leaving customers vulnerable when market rates rise. Additionally, you don’t need a complicated financial history to qualify. In many cases, TPBank even offers flexible approval for those with clear collateral, making it a good choice for young professionals, expats, or small family businesses.
The reopening of TPBank’s credit package for the Saigon Royal project is not only great news but also a confirmation of the transparency and investment potential of the project. With support from a large bank, clear policies, and flexible interest rates, buyers can now easily own a luxury apartment in the heart of the city without needing a large upfront investment.
If you’re interested in Saigon Royal and would like more detailed advice on your loan application, selecting the right apartment, or connecting directly with TPBank, Tường Phát Land will be with you every step of the way – from the first step to the moment you receive your keys.
3. Detailed loan process for purchasing Saigon Royal Apartments
One of the major advantages of buying an apartment at Saigon Royal is that the project has already been legally verified and appraised by several large banks, making the loan process quicker, more transparent, and less risky. However, to ensure a smooth and efficient loan process, it is important to understand the specific steps involved in applying for a loan to buy an apartment as follows:
Step 1: Choose the right apartment and agree on the sale price
First, you need to select the apartment you wish to purchase – this could either be a unit from the developer or a resale from a previous owner. Once the purchase price is agreed upon, the seller will provide a Sales Agreement (or deposit contract) – this is the initial document the bank will use to review your loan application.
Note: The sale price listed in the contract will be the basis for determining the loan-to-value ratio. Some banks may appraise the property lower than the actual purchase price if there are market fluctuations. Therefore, choosing a bank that has already appraised the project will help minimize these discrepancies.
Step 2: Prepare the loan application documents
The necessary documents for applying for a loan include:
Personal Information:
- Valid ID card or Citizen ID
- Household registration or proof of residence
- Single status certificate or marriage certificate (if applicable)
Financial Documents:
- Employment contract
- Bank statements for the past 3–6 months
- If you are a business owner: business license, tax reports, or business bank statements
- Some banks may accept other assets like real estate or savings books as collateral to demonstrate financial capacity
Apartment Documents:
- Sales agreement for the apartment (if purchasing directly from the developer)
- Deposit contract, payment receipts, and legal information of the apartment (if purchasing from a previous owner)
- Project’s legal documents like the land title (if needed)
Step 3: Submit the application and financial appraisal
Once you have submitted your complete application, the bank will:
- Review the Loan Application: Verify the accuracy and transparency of the financial information and assess your ability to repay the loan.
- Appraise the Collateral: The bank will assess the value of the Saigon Royal apartment to determine the approved loan amount.
The appraisal process usually takes between 1 to 3 business days, depending on the bank and the specific application. If you choose TPBank, Sacombank, or a bank already affiliated with the project, the appraisal process may be faster or even waived due to existing data from previous appraisals.
Step 4: Loan approval and signing the loan agreement
Once the loan is approved, you will be informed of:
- The loan limit
- Loan duration and repayment method (e.g., equal payments, step payments, etc.)
- Promotional interest rates and post-promotion rates
- Important terms such as early repayment fees and any processing fees (if applicable)
You will then be guided to sign the loan agreement and mortgage agreement (with the apartment or other collateral, if applicable). All contracts will be notarized according to regulations.
Step 5: Disbursement and payment to the seller
The bank will disburse the loan based on the agreed schedule, transferring funds directly to the seller’s account or as per the payment agreement with the developer. In the case of purchasing a completed or transferred apartment, the bank may disburse the loan in one lump sum or in two to three installments.
Once the disbursement is made, the bank will hold the original property documents (e.g., the pink book) until the loan is fully repaid.
Step 6: Monthly repayments – monitoring and adjusting financial plans
Depending on the initial agreement, you will start repaying:
- Interest only during the grace period (6–24 months), or
- Both principal and interest immediately if there is no grace period.
Repayment can be set up as an automatic bank account deduction, regular bank transfers, or through mobile banking apps. It’s advisable to ask the bank for a detailed repayment schedule to help you manage your payments effectively.
4. Effective loan tips – How to optimize loan and interest rate when buying Saigon Royal apartment
4.1. Do not borrow the maximum amount if not really necessary
Although the bank can support up to 70-80% of the apartment value, that does not mean you should “borrow as much as possible”. Consider:
- Ability to repay the debt each month based on actual net income (after deducting fixed expenses),
- Are additional sources of income stable or not,
- Level of risk if interest rates fluctuate after the preferential period.
If possible, you should pay at least 30-40% of the apartment value yourself and only borrow the rest – reducing long-term interest pressure and avoiding being passive when there is a financial incident.
4.2. Calculate monthly cash flow carefully before signing the loan
Whether you borrow 1 billion or 4 billion, the most important thing before signing the credit contract is to carefully calculate the monthly cash flow. You need to know exactly how much you will have to pay each month, what percentage of your total income after tax it represents, and whether your income will increase significantly in the next 3–5 years.
A basic financial principle recommended by many experts is that the total amount of money you pay to the bank each month should not exceed 40% of your net income.
If it exceeds this level, you may fall into a state of financial stress, especially when unexpected events occur such as job loss, illness, change of living environment or unplanned expenses arise.
Calculating your cash flow not only helps you be more proactive in your debt repayment plan, but also lays the foundation for you to borrow just enough, pay on time and maintain long-term financial stability.
In short, buying a house with a bank loan is a modern and reasonable financial trend, especially for apartments with good location, value and potential like Saigon Royal. However, to turn “borrowing” into “leverage” instead of a burden, you need to prepare carefully from choosing a bank, reading the terms carefully, to managing cash flow after receiving the house.
A good loan not only helps you own property early, but also opens up investment opportunities and improves the quality of life while still controlling financial risks. Therefore, invest time to learn and choose wisely – you will see that borrowing from a bank is not as scary as many people think.
With a clear and transparent financial support policy and the participation of reputable TP Bank, Saigon Royal apartments can be completely purchased through bank loans, as long as customers meet the basic approval conditions.
This is a practical and smart solution for those who want to own a luxury apartment in the center of Ho Chi Minh City without having to spend a large amount of money from the beginning. Especially with high profit potential, borrowing from a bank to buy Saigon Royal can also be considered a strategic step in medium- and long-term real estate investment.
If you need more information, do not hesitate to contact Tuong Phat Land!
Contact Information – Tường Phát LAND
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